Asset

In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.

Asset

In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.

Latest News for: assets account

Aiding the bottomline was a drop in overall provisioning costs, of which provisioning against non-performing assets dropped over 15% on-year to `2,139 crore ... Seperately, the bank sold as much as `380 crore of stressed accounts to asset reconstruction companies during the last quarter....

"In December quarter 2018-19, HDFCBank's operating profit was in line with our expectations, while bottom line was below our expectations by 5 per cent on account of higher provisions," ElaraCapital said in a research note adding that the company's asset quality continues to remain robust except for some concerns in agri portfolio....

"In the December quarter 2018-19, HDFCBank's operating profit was in line with our expectations, while bottomline was below our expectations by 5 per cent on account of higher provisions," ElaraCapital said in a research note, adding that the company's asset quality continues to remain robust except for some concerns in agri portfolio....

- The steep decline in provision on account of regulator driven recognition of stressed assets earlier as well as significant write back in provision for investment depreciation was a sole respite ... - The better growth in CASA (low cost savings and current account) with the share of CASA improving to 35.5% was a silver lining....

... that the net wealth of local households decreased by almost R132bn in the third quarter of 2018 compared to the previous quarter due to a decline of R122.4bn in the real value of households’ assets and an increase of R9.3bn in the real value of outstanding debt and accounts....

The Group strengthens the leadership in the asset management segment ... Archimede Governance allows AssetManagement Companies to perform all the checks required by the EuropeanUCITS V regulations. Moreover, Algorfin provides administrative services for back-office management and accounting to some of the premier ItalianAsset Management Companies....

The case is part of a decade-old dispute between Germany and Switzerland over untaxed assets, a fight they hope will fade now that both countries have joined more than 100 others in agreeing to automatically exchange financial data about their residents' international accounts....

Like other regions in the world, South America welcomed the cryptocurrency revolution, granted the large percentage of unbanked individuals, and opportunities offered by digital assets...The list of forbidden digital assets included bitcoin, alongside other altcoins like PeerCoin or NameCoin....

Wills are imperative to guarantee your assets pass to your nearest and dearest ... Provided the person making the gift (the ‘donor') survives for 7 years from the date of gift and retains no benefit in the gifted asset, the transfer will fall out of account completely for IHT purposes....

... whether the holdings have embedded capital gains or losses, your time horizon and risk tolerance, and how these stocks fits into your overall asset allocation, said Michael Maye, a certified financial planner and certified public accountant with MJM Financial in Gillette....

A power plant owned and run by the troubled IL&FS is facing the threat of turning from a ‘good’ asset into ‘bad’ as a court permitted freeze on repayments prevents the lenders from using the funds generated by the firm, discouraging banks from giving more working capital to the unit....

According to The Blast, who obtained the documents, he claims that since December 2017, Halima has collected a total of $93,991.12 from his royalties, which he alleges he discovered late last year that she had diverted from him to her own account... from their community assets....

Jerónimo’s nest egg is part of a first-of-its-kind program that automatically sets up college savings accounts for every kindergartner in San Francisco’s public schools, each seeded with $50 from the city treasury ...Fans of so-called child savings accounts say they help children envision themselves attending college from a young age....